The culture of an organization
A) seldom impacts who is hired.
B) is strongly influenced by the beliefs of the organization's founder.
C) is created quickly.
D) is of little importance in determining organizational success.
B
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Bill Jones has just won the state lottery and has the following three payout options for after-tax prize money
1. $170,000 per year at the end of each of the next six years 2. $312,000 (lump sum) now 3. $508,000 (lump sum) six years from now The annual discount rate is 9%. Compute the present value of the first option. (Round your answer to the nearest whole dollar.) Present value of an ordinary annuity of $1: 8% 9% 10% 1 0.926 0.917 0.909 2 1.783 1.759 1.736 3 2.577 2.531 2.487 4 3.312 3.240 3.170 5 3.993 3.890 3.791 6 4.623 4.486 4.355 7 5.206 5.033 4.868 Present value of $1: 8% 9% 10% 1 0.926 0.917 0.909 2 0.857 0.842 0.826 3 0.794 0.772 0.751 4 0.735 0.708 0.683 5 0.681 0.650 0.621 6 0.630 0.596 0.564 7 0.583 0.547 0.513 A) $850,000 B) $762,620 C) $482,000 D) $457,251
________ refers to a stage in the gift-giving process, where the giver procures an item to make some event
A) Gestation B) Presentation C) Reformulation D) Ritual artifacts